California Governor Gavin Newsom has announced his support for a national billionaires' tax. This move comes as he is expected to run for the White House. Newsom's stance on the issue is notable because he opposes a similar tax in his home state of California.

A ballot measure in California aims to implement a billionaires' tax, but Newsom has reaffirmed his opposition to it. Further details on Newsom's position and the implications of his announcement are available from the source.